Experienced Sales Officer (Credit Generation) at Work Place Centre Limited

Location: Lekki Phase 1, Lagos
Employment Type: Full Time / Permanent

Job Description

• We are looking for a Sales Officer (Credit Manager) to oversee our company’s lending process, from evaluating clients’ creditworthiness to approving or rejecting loan requests.
• Credit Manager responsibilities include creating credit scoring models, setting loan terms, and determining interest rates.
• To be successful in this role, you should have a degree in Accounting or Finance along with experience processing loan applications. Previous banking experience is a plus. Ultimately, you will help us minimize bad debts and increase revenues from loans.

Key Deliverables:

• Research and evaluate clients’ creditworthiness
• Create credit scoring models to predict risks
• Approve or reject loan requests, based on credibility and potential revenues and losses
• Calculate and set interest rates
• Negotiate loan terms with clients
• Monitor payments
• Maintain records of loan applications
• Follow up with clients to manage debt settlements and loan renewals
• Ensure all lending procedures comply with regulations
• Evaluating the creditworthiness of potential customers.
• Creating credit scoring models for risk assessments.
• Approving and rejecting loans based on available data.
• Calculating and setting loan interest rates.
• Negotiating the terms of the loan with new clients.
• Ensuring all loans and lending procedures comply with regulations.
• Maintaining records of all company loans.
• Monitoring loan payments and bad debts.
• Reviewing and updating the company’s credit policy.
• Develop, review and update our company’s credit policies

Desired Qualifications and Skills

• HND, B.Sc Degree in Accounting, Economics, Banking and Finance or relevant field.
• 7 - 10 years’ Experience as a credit officer
• Proven work experience as a credit manager.
• Advanced knowledge of accounting software.
• Hands-on experience with accounting software
• Proven work experience as a Credit Manager, Credit Analyst or similar role
• Good understanding of lending procedures.
• Advanced mathematical skills.
• Solid understanding of lending procedures
• Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel).